Extra Space Storage Inc (EXR) — Free Cash Flow Generation Index

Latest as of March 2026: 0.79x

Extra Space Storage Inc (EXR) has a Free Cash Flow Generation Index of 0.79x as of March 2026. Free cash flow of $386.11 Million represents 1% of operating cash flow ($489.86 Million). Explore Extra Space Storage Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.79x
Free Cash Flow / Operating CF

Free Cash Flow

$386.11 Million
USD

Operating Cash Flow

$489.86 Million
USD

Capital Expenditures

$103.74 Million
USD

Extra Space Storage Inc Free Cash Flow Generation Index (2002–2025)

Historical FCF Generation Index trend for Extra Space Storage Inc across 22 annual periods. For the full cash flow conversion analysis, see EXR cash flow metrics.

Annual Free Cash Flow Generation for Extra Space Storage Inc (2002–2025)

Year-by-year Free Cash Flow Generation Index for Extra Space Storage Inc. Check EXR cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.99x $1.83 Billion $1.85 Billion $21.14 Million ▼ -0.1%
2024 0.99x $1.87 Billion $1.89 Billion $20.51 Million ▲ +7.8%
2023 0.92x $1.29 Billion $1.40 Billion $116.17 Million ▼ -6.6%
2022 0.98x $1.22 Billion $1.24 Billion $22.83 Million ▼ -1.5%
2021 1.00x $948.78 Million $952.44 Million $3.66 Million ▲ +0.5%
2020 0.99x $764.14 Million $771.23 Million $7.09 Million ▲ +0.2%
2019 0.99x $699.92 Million $707.69 Million $7.76 Million ▼ -0.5%
2018 0.99x $673.50 Million $677.79 Million $4.30 Million ▲ +0.7%
2017 0.99x $589.56 Million $597.38 Million $7.82 Million ▼ -0.4%
2016 0.99x $534.29 Million $539.26 Million $4.97 Million ▲ +1.1%
2015 0.98x $359.95 Million $367.33 Million $7.38 Million ▼ -0.6%
2014 0.99x $332.75 Million $337.58 Million $4.83 Million ▲ +1.0%
2013 0.98x $264.74 Million $271.26 Million $6.52 Million ▼ -0.9%
2012 0.98x $212.51 Million $215.88 Million $3.37 Million ▲ +2.0%
2011 0.97x $139.15 Million $144.16 Million $5.02 Million ▼ -1.7%
2010 0.98x $102.87 Million $104.81 Million $1.95 Million ▲ +90.4%
2009 0.52x $41.83 Million $81.17 Million $39.33 Million ▼ -48.1%
2008 0.99x $96.05 Million $96.66 Million $2.34 Million ▲ +0.4%
2007 0.99x $100.26 Million $101.33 Million $1.07 Million ▲ +155.1%
2006 -1.80x $-133.90 Million $74.52 Million $210.78 Million ▲ +68.5%
2005 -5.70x $-84.24 Million $14.77 Million $101.70 Million ▼ -670.3%
2002 1.00x $1.61 Million $1.61 Million $158.00K
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).